© Reuters. Moody’s Earnings, Revenue Miss in Q3
Investing.com – Moody’s reported on Tuesday third quarter that missed analysts’ forecasts and revenue that fell short of expectations.
Moody’s announced earnings per share of $1.85 on revenue of $1.30. Analysts polled by Investing.com anticipated EPS of $2.10 on revenue of $1.38B.
Moody’s shares are down 13.16% from the beginning of the year, still down 39.95% from its 52 week high of $407.94 set on November 1, 2021.
Moody’s follows other major Financial sector earnings this month
Moody’s’s report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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